March 31, 2024, 10:26 PM - 9 mins read
April 1 initiates FY2024-25, introducing revised Union Budget regulations for income tax alongside Finance Minister Nirmala Sitharaman's FY25 interim Budget. Here's a summary of key updates on tax, NPS, EPFO, insurance, and mutual funds.
Read moreMarch 20, 2024, 02:36 AM - 2 mins read
The net direct tax collection of Rs 18,90,259 crore as on March 17, 2024, includes Corporation Tax (CIT) at Rs 9,14,469 crore (net of refund) and Personal Income Tax (PIT), including Securities Transaction Tax (STT) at Rs 9,72,224 crore (net of refund).
Read moreMarch 20, 2024, 02:28 AM - 2 mins read
The Net Direct Tax collection of Rs 18,90,259 crore as of March 17 includes Corporation Tax at Rs 9,14,469 crore (net of refund) and Personal Income Tax including securities transaction tax (STT) at Rs 9,72,224 crore (net of refund).
Read moreJanuary 31, 2024, 11:08 PM - 5 mins read
Presenting the interim Budget 2024-25, Sitharaman said tax receipts for 2024-25 projected is projected at Rs 26.02 lakh crore. She informed that the fiscal deficit in FY24 is expected at 5.8 per cent of GDP, down from 5.9 per cent estimated earlier. And no changes in tax rates for direct and indirect taxes, including import duties.
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